Maryland’s Smith School Launches Chinese Business Plan Competition

College Park, Md. — The University of Maryland’s Robert H. Smith School of
Business said on Monday that it has launched a business plan competition in
China that will award eight grand prize winners all-expense-paid trips to the
U.S. for business training at the school’s Dingman Center for Entrepreneurship.
The contest, being organized by the Dingman Center and CCTV,
also will award cash prizes totaling $50,000 to the top three finishers. The
school, which also provides executive education programs in China, said that it
is now accepting two-page executive summaries from Chinese entrepreneurs
outlining their business ideas in the areas of technology, communications or
bio-technology. Selected finalists will then participate in a final round
competition in June, where their ideas will be presented before a panel of
venture capitalists and business leaders.